This triple longitudinal ∶ lateral ∶ normal basically matches ∶ horizontal ∶ vertical, thus longitudinal could be argued for as a reasonable candidate for the third axis in absolute, global coordinate systems as well. Interestingly, CMoS doesn’t bother to point out that the introductory fragment leading into its numbered list…
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People sometimes mix up deferred rent and prepaid rent, which are two different things. Under some accounting rules, like straight-line rent recognition or ROU asset accounting under ASC 842; deferred rent is the Online Accounting difference between the rent and the lease payments. But prepaid rent is a real payment…
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CAGR simplifies things—it assumes you invested once and held that investment difference between irr and xirr for a set period without making any changes. It gives a clean, average annual return, perfect for straightforward investments. As we can see, at the end of the first year of investment, he earned…